SPY is trading at $733.00 (-4.41%) at the November 5 close as investors feared Democratic election gains could bring tighter AI rules and slow data-center construction. - The supplied pre-market price is $736.59. - Semiconductor losses and disappointing chipmaker outlooks added pressure; Qualcomm’s handset revenue fell 26% to $5.14 billion. - The move was a broad, technology-led market retreat, not an isolated SPY catalyst.